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 bankruptcy postbag for may
 What was the debt for? (SAO)

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T O P I C    R E V I E W
WINCHESTER78 Posted - 29 May 2008 : 14:24:32
What was the debt for? In this section do I write a basic answer Personal Loan;Credit Card;Catologue etc. or do I say what it was spent on?
2   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 29 May 2008 : 14:44:44
Hi Winchester78,

Things like "loan" or "credit card" are unacceptable answers. Instead, "general living expenses", "debt consolidation", and even "holiday" or "home improvements" are perfectly acceptable.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Viki.W Posted - 29 May 2008 : 14:34:49
I think you write what the debt was spent on, ie, consolidation, gambling, house refurb...... if you can remember. Viki X

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